A long-term Solana holder who staked nearly a million SOL tokens five years ago has sold over $137 million worth of SOL since 2025, recently offloading 30,000 SOL for $2.56 million. Despite these sales, the holder still has 381,140 SOL valued at $32.4 million staked, suggesting a gradual exit strategy rather than a full liquidation. This ongoing selling pressure from early investors adds supply to the market, but Solana's strong fundamentals, including record revenue in 2025, continue to support the network. The holder's pace of selling indicates a full exit could take months, while institutional demand may help balance the market.
Helius, a Solana infrastructure company, has acquired Light Protocol to develop advanced privacy solutions on the Solana network. The acquisition aims to integrate Light Protocol's zero-knowledge cryptography expertise with Helius's infrastructure to...
Ripple CEO Brad Garlinghouse confirmed that Wall Street and crypto firms are increasingly embracing the institutional finance approach that XRP and Ripple promoted from the start. This shift follows years of criticism labeling XRP as a "banker coin,"...
Kalshi has introduced Solana (SOL) perpetual futures trading, adding to its lineup of CFTC-regulated crypto derivatives in the United States. This move is part of Kalshi's "American Perpetuals" initiative, allowing traders to hold positions indefinit...
Helius has acquired Light Protocol to enhance privacy features on the Solana blockchain by combining cryptographic innovation with infrastructure expertise. This acquisition refocuses Light Protocol on its original zero-knowledge privacy mission, ena...
Kalshi has introduced Solana perpetual futures to its CFTC-regulated crypto derivatives lineup, expanding its American Perpetuals product suite. This addition follows Bitcoin, Ethereum, and XRP contracts, with Dogecoin, Shiba Inu, Stellar, and Hedera...
